-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PfOw753tEadp4M2Zy3jLUzmVMlvTNqBYyJmZ1hhpd8OTwp0iMlTb7exVcdHb41yh /WYiVh6rxHELGl4tF1r3bQ== 0001013606-05-000014.txt : 20050614 0001013606-05-000014.hdr.sgml : 20050613 20050614160412 ACCESSION NUMBER: 0001013606-05-000014 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050520 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050614 DATE AS OF CHANGE: 20050614 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ENDOLOGIX INC /DE/ CENTRAL INDEX KEY: 0001013606 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] IRS NUMBER: 680328265 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-28440 FILM NUMBER: 05894981 BUSINESS ADDRESS: STREET 1: 13700 ALTON PARKWAY STREET 2: STE 160 CITY: IRVINE STATE: CA ZIP: 92618 BUSINESS PHONE: 9494579546 MAIL ADDRESS: STREET 1: 13900 ALTON PARKWAY STREET 2: SUITE 122 CITY: IRVINE STATE: CA ZIP: 92718 FORMER COMPANY: FORMER CONFORMED NAME: RADIANCE MEDICAL SYSTEMS INC /DE/ DATE OF NAME CHANGE: 19990122 FORMER COMPANY: FORMER CONFORMED NAME: CARDIOVASCULAR DYNAMICS INC DATE OF NAME CHANGE: 19960506 8-K 1 form8kjapanupdate.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)

May 19, 2005

ENDOLOGIX, INC.
(Exact name of registrant as specified in its charter)

               Delaware 000-28440 68-0328265
     (State or other jurisdiction (Commission File Number) (I.R.S. Employer Identification No.)
           of incorporation)


13900 Alton Parkway, Suite 122, Irvine, CA 92618
(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (949) 595-7200

Not applicable
(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

|_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Item 7.01 Regulation FD Disclosure.

        See disclosure under Item 8.01 of this Current Report on Form 8-K.

Item 8.01 Other Events.

        On May 19, 2005, Endologix, Inc. issued a press release regarding the status of the regulatory review of its PowerWeb™ System by the Japanese Ministry of Health. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(c) Exhibits

Exhibit Number Description
       99.1           Press Release, dated May 19, 2005.

2


SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

ENDOLOGIX, INC
 
 
Date: May 19, 2005 /s/ Robert J. Krist
_______________________________________________
Robert J. Krist, Chief Financial Officer

3


EXHIBIT INDEX

Exhibit Number Description
       99.1           Press Release, dated May 19, 2005.

4


EX-99 2 ex99-1.htm JAPANESE UPDATE PRESS RELEASE

Exhibit 99.1

{ENDOLOGIX, INC. LOGO}

DATE:     May 19, 2005

PRESS RELEASE

CONTACT:      Paul McCormick, President and CEO, 949-595-7200
                      www.endologix.com

ENDOLOGIX PROVIDES JAPANESE REGULATORY UPDATE

Company Plans Japanese Powerlink Submission Supplemented by PowerWeb Data

IRVINE, Calif. (May 19, 2005) – Endologix, Inc. (Nasdaq: ELGX) today announced that the Expert Panel for the Pharmaceutical and Medical Devices Agency (PMDA) of the Japanese Ministry of Health, Labour and Welfare (MHLW) has declined Shonin approval of the Company’s PowerWeb™ endoluminal stent graft (ELG) due to the original Japanese clinical trial design and execution. The decision was not the result of clinical issues with the Endologix PowerWeb device or patient outcomes from the Japanese clinical trial. The Expert Panel has requested that Endologix submit its Powerlink® System for Shonin approval using its existing U.S. clinical trial data. The Shonin review will then be based on the Powerlink data with the PowerWeb clinical trial data being used to fulfill the requirement for a Japanese clinical trial.

Paul McCormick, Endologix president and chief executive officer, said, “While we are disappointed with this decision, which delays our entry into the Japanese market, we are grateful that the Expert Panel will allow a submission for the Powerlink System supported by our outstanding U.S. trial data, and their allowance to use the PowerWeb clinical data as a supplement in the Shonin submission. Further, the Powerlink System is the ELG system we currently market in the U.S. and Europe, and we believe that in the long run, manufacturing of a single ELG platform will be beneficial in our worldwide marketing plan.

“We are already in the process of preparing for the Powerlink submission for Shonin approval, including translating the U.S. Premarket Approval (PMA) application and clinical data into Japanese,” added Mr. McCormick. “Although we are currently unable to project the timeline for Shonin approval, we believe that Endologix may still be the first or among the first to introduce an ELG device for abdominal aortic aneurysms (AAA) in the Japanese market. We do not believe that this delay will have a material financial impact on us over the next few years.”

The Powerlink System and its predecessor the PowerWeb System are ELG and catheter-based treatments for AAA. Endologix completed the first AAA clinical trial in Japan, including the required six month patient follow up. Six centers used the PowerWeb System for elective endovascular aneurysm repair in 79 patients.

About Endologix

Endologix, Inc. develops and manufactures minimally invasive treatments for vascular diseases. Endologix’s Powerlink System is an endoluminal stent graft for treating abdominal aortic aneurysms (AAA). AAA is a weakening of the wall of the aorta, the largest artery in the body, resulting in a balloon-like enlargement. Once AAA develops, it continues to enlarge and, if left untreated, becomes increasingly susceptible to rupture. The overall patient mortality rate for ruptured AAA is approximately 75%, making it the thirteenth leading cause of death in the U.S. In October 2004, Endologix received approval to market the Powerlink in the U.S. Additional information can be found on Endologix’s Web site at www.endologix.com.

Except for historical information contained herein, this news release contains forward-looking statements, the accuracy of which are necessarily subject to risks and uncertainties, including risks related to the regulatory approval process for new medical device products,, all of which are difficult or impossible to predict accurately and many of which are beyond the control of Endologix, all as more fully described in the risk factors and other matters set forth in the Company’s Annual Report on Form 10-K for the year ended December 31, 2004, and the Company’s other filings with the Securities and Exchange Commission.

_________________

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